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Giustra and others buying at CruzSur Energy (CZR)

Giustra and others buying at CruzSur Energy (:CZR)

Updated Thursday May 28, 2020 03:46 AM EDT
Frank Giustra, a Director and 10% Holder, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.180 through a private transaction on May 27th, 2020. The insider also acquired 1,000,000 Warrants with an exercise price of $0.230 until May 27, 2022. This represents a $180,000 investment into the company's shares and an account share holdings change of 85.3%.

Two other insiders also participated in private transactions on the same terms in smaller amounts. 

CruzSur Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Cruzsur Energy Corp, formerly Pentanova Energy Corp, is a Canada-based company engaged in the oil and gas sector. The Company is engaged in the exploration and production of hydrocarbons and focuses on oil and gas plays in Latin America. Cruzsur Energy Corp holds a diversified portfolio of producing, development and unexploited assets in Colombia and Argentina, Latin America, which consist of approximately 700,000 gross acres in more than six blocks. Cruzsur Energy Corp explores for gas in Colombia and for oil in Argentina. Cruzsur Energy Corp's blocks in Colombia, include Maria Conchita, Sinu-9 and Tiburon. Cruzsur Energy Corp's blocks in Argentina, include KM8, La Mariposa, Llancanelo and Sur Rio Deseado Este.


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